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            october 17, 2019

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Busworld 2019


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Asia-US container volumes fell by 15.3pc


Container volumes on the transpacific eastbound trade from Asia to the US fell by 15.3 per cent in 2009 to 10.1 million TEU compared to the previous year, according to the Shipping Gazette. 
Sixteen strings have been scrapped on the transpacific route since mid-2008 when there were 70 weekly strings, connecting Asia to the US east and west coasts, according to Paris-based Alphaliner. Current total capacity on this trade is 20 per cent less than the peak recorded in 2008.
"All major carriers have cut their operating capacity over the last 18 months but there have been some shifts in market share, with some carriers adding new capacity over the course of last year," Alphaliner said.
"The carriers which have increased capacity on the transpacific since March 2009 include the CKYH Alliance, New World Alliance, CSCL and Zim," the report said.
It added that container shipping lines that gained market share over those which reduced capacity over the same period include the Grand Alliance, Maersk, Evergreen and CMA CGM.

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